A financial technology company that allows users to send money internationally with low fees and real exchange rates.
Why Wise chose South Africa as its first African market
Wise has received conditional regulatory approval from the South African Reserve Bank to operate in South Africa. The company will operate as a Category 2 Authorised Dealer in foreign exchange with a limit of $50,000 per user per year.
Wise Secures Conditional Approval in South Africa for Cross Border Payments
Wise has received conditional approval from the South African Reserve Bank to operate in South Africa. This marks Wise's first entry into the African market, allowing it to offer international money transfer services.
For immigrants, this fintech makes credit history as portable as a passport
Wale Akanbi faced challenges accessing financial services in the UK due to the lack of credit history transfer. Bleyt, founded by Akanbi, aims to allow immigrants to carry their credit histories across borders using AI.
NIPOST’s Fintech Reinvention: Bridging Tradition and Digital Innovation in Nigeria’s Financial Landscape
NIPOST has renewed its licenses with the Central Bank of Nigeria after an eight-year suspension. The agency is entering the IMTO sector to provide financial services and compete with digital-first firms.
